Mr.Nims, Renko Ashi Scalping System. - page 179

francisfinley
170
francisfinley  
rome777:

Dear rome777,

I have backtested those 2 EAs with 10 years data (several pairs from forextester.com) & here some of my result...

Use attached script to create Renko Chart on TF M5 & test it...

I don't include Strategy Tester files 'cause too big, just Backtest it for your self...

you dont get these results on forward tests.

rome777
19
rome777  

Incorrect trades in Strategy tester

There are incorrect trades in Strategy Tester on the offline renko chart based on the script RenkoLiveChart_v1.7

Sometimes the trades are done form open point instead of close one. And it causes wrong testing results.

Tell me please, how to solve that problem.

Here is the example of such a trade in Strategy Tester:

pkamau
4
pkamau  

Backtesting

Guys dont flatter yourselves. The results you get from backtesting are totally different from the results you get with forward testing. I'm sorry but you will be dissapointed.

xx3xxx
1756
xx3xxx  

we all knew that

stock winning, need accountant level

forex winning, does not need scalping bubbling-air guessing work

rome777
19
rome777  

So, how to test correctly?

Who can help?

marley60
130
marley60  
rome777:
So, how to test correctly? Who can help?

backtesting is ok.

a system that cant earn money in a backtest: forget it!

a system that ears money in a backtest: do some (realtime)forward testing.

many eas cant earn money on a forward test. history repeats itself, but not down to the tick.

and 2 renko special:

-just because you dont see gaps dont think there are non.

-the swings around news look good, but are you fast enough to trade them?

TCT
162
TCT  
rome777:
So, how to test correctly? Who can help?

You cannot... only test on demo acct and you will see that the pure candle ea is no good

gilos
30
gilos  

Hi guys,

the renko indicator posted before was really nice. So i thought of testing it to trade. The only thing I see that if we can put alarm when it changes box, than it is way better as renko doesnt use time, so it makes it a bit tiresome to wait for the box to change color.

hope there is a kind soul here who understands the predicament of waiting in front of the laptop to trade...

Karakurt
25
Karakurt  
gilos:
...if we can put alarm when it changes box...

This indicator is a long time in this thread.

Files:
gilos
30
gilos  
Karakurt:
This indicator is a long time in this thread.

owh, so this indicator is meant for renko new candle? not candlestick?

I had one with the same name, so I thought it was for candlestick...

thanx bro for this... and sorry for wasting anyone's time with my request...